LLQP Accident & Sickness · Component 1.3 · 35% of the exam
A client's need for long-term care is affected most by:
- AHer occupation, since physically demanding work leads to earlier and longer care needs
- BHer waiting period, since it determines how much care the policy will eventually fund
- CHer employer, since most long-term care coverage in Canada is provided through group plans
- Her assets, family support, preference for home or facility care, and local care costs
Correct answer: D) Her assets, family support, preference for home or facility care, and local care costs
LTC need is the difference between the cost of the care the client wants and the resources (money and family) available to pay for it. Location affects cost; preference affects design.
Why the other options are wrong
- AOccupation matters for DI, not for the cost of care in later life.
- BThe waiting period is a design choice made after the need is set.
- CEmployers rarely provide LTC coverage.
Exam tip
LTC need = cost of preferred care − resources (assets, income, family).
Common mistake
Assessing LTC need without asking where and how the client wants to be cared for.
What this tests
CISRO competency component 1.3 — Assess the client's needs and situation — which is weighted at 35% of the Accident & Sickness module. Written against the published curriculum.
More from component 1
- The single most important fact for sizing a client's disability income need is:
- A client's beneficiaries for assets are listed in the fact-finding. Why does this matter for A&S planning?
- A client asks why the agent wants to know how assets are owned (jointly or individually). In the A&S context the answer is:
- A client mentions a back injury five years ago that fully resolved. The agent should:
- Which element of a client's situation most affects the definition of disability that should be recommended?
- Which of the following health facts is most relevant to a client's disability insurance situation?
Practice the whole Accident & Sickness module
Timed sets weighted like the exam, and review of every question you miss. Free to start.